St Johns County Waterfront Restaurant with amazing views

St. Johns County, FL

Seller Financing Available

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Asking Price:$580,000
Gross Revenue:$2,371,005
FF&E:$150,000
Cash Flow:$257,965
Inventory:$20,000
Established Year:1994
BUSINESS DESCRIPTION

St Johns County Waterfront Bar/Restaurant with amazing views. This 5000 SF restaurant with 2400 SF of outside decks has a SRX liquor License that allows for the sale of full liquor and a long-term lease. Don’t miss the opportunity to have a restaurant in a one-of-a-kind location. This business has been established for over three decades and has become a favorite of tourists and locals alike. Please refer to listing #7101-820433, Agent Richard Murray about this listing. Thank you!


DETAILED INFORMATION
Location
St. Johns County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
50,000
Lease Expiration
31/08/2033
Employees
42
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business Location is: Leased Type of Location; Free-Standing Facilities: 50000 Sf restaurant with outside decks Monthly Rent: $0.00 Square Units (Foot, Meter): 5,000 Lease Expiration Date: August 31, 2033 Terms Options: 10 year option
Financing
Owner Financing Amount: $150,000.00 Owner Financing Interest: 7% Owner Financing Term
Support & Training
Will train for 2 weeks @ no charge
Reason for Selling
Other Interests
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Richard
Murray
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Richard Murray